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Acquisition

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  • Reps Relaunch Investigation into NNPC’s Controversial OVH Energy Acquisition

    Honorable Ikenga Ugochinyere, Chairman of the House Committee on Petroleum Resources (Downstream), has announced the initiation of a renewed inquiry into NNPC Ltd’s acquisition of...

    Reps Reopen Probe Into NNPC’s OVH Energy Acquisition
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    Politics Today
    Honorable Ikenga Ugochinyere, Chairman of the House Committee on Petroleum Resources (Downstream), has announced the initiation of a renewed inquiry into NNPC Ltd’s acquisition of OVH Energy Marketing’s downstream assets and the associated refinery modernization project. He highlighted the ongoing conflicts involving Dangote Refinery,
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  • Canal+ Secures $3.17bn MultiChoice Takeover, Unveils New CEO and Board Lineup

    David Mignot has been named Chief Executive Officer (CEO) for Canal+’s African division, coinciding with significant restructuring within MultiChoice’s leadership following Canal+’s $3.17 billion acquisition...

    MultiChoice begins restructuring for Canal+ $3.17 billion takeover
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    Tech
    David Mignot has been named Chief Executive Officer (CEO) for Canal+’s African division, coinciding with significant restructuring within MultiChoice’s leadership following Canal+’s $3.17 billion acquisition of the company. In this reshuffle, Nicolas Dandoy assumes the role of Chief Financial Officer (CFO) for the Canal+ group, while Maxime Saada takes on the position of executive chairman...
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  • Savannah Energy Strikes $65.4M Deal to Acquire Norfund’s Stake in Klinchenberg BV

    Savannah Energy Plc has announced that its fully owned subsidiary, Savannah Energy EA Limited, has entered into a share purchase agreement with Norfund, the Norwegian...

    Savannah Energy To Acquire Norfund’s Stake In Klinchenberg BV For $65.4m
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    Politics Today
    Savannah Energy Plc has announced that its fully owned subsidiary, Savannah Energy EA Limited, has entered into a share purchase agreement with Norfund, the Norwegian investment fund dedicated to developing countries. This agreement involves acquiring Norfund’s entire 50.1% stake in Klinchenberg BV for a total consideration of up to $65.4 million. The agreement was formalized...
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  • Street Wallet Accelerates South Africa’s Fintech Boom with Strategic Digitip Acquisition

    Street Wallet, a prominent South African fintech specializing in mobile payment solutions for informal traders and service providers, has successfully acquired Digitip, a local startup...

    Street Wallet joins South Africa’s fintech consolidation wave with Digitip acquisiton
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    Tech
    Street Wallet, a prominent South African fintech specializing in mobile payment solutions for informal traders and service providers, has successfully acquired Digitip, a local startup that facilitates digital tipping for
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